Top Rating by Savingforcollege.com

The T. Rowe Price College Savings Plan fared well in the November 2018 Savingforcollege.com 529 Plan Performance Rankings. The T. Rowe Price College Savings Plan was highly ranked in the top ten for three-, five-, and 10-year periods, demonstrating strong investment returns relative to other direct-sold 529 savings plans across the country.

Savingforcollege.com conducts quarterly evaluations of the investment performance of thousands of 529 portfolios and ranks the plans based on the results. According to Savingforcollege.com, the rankings are “…a helpful tool for families and financial professionals looking to compare college savings options.” The T. Rowe Price College Savings Plan can be used nationwide at any accredited college, university, graduate school, or vocational school.

Savingforcollege.com has been the leading independent authority on 529 savings plans since 1999. The site compiles and analyzes data, and creates content and tools to provide parents, financial professionals, and state policymakers with resources to help them understand how to meet the challenge of ever-increasing education cost.

Each quarter, Savingforcollege.com analyzes the investment performance figures for thousands of 529 portfolios, comparing the reported investment performance of a subset of portfolios from each 529 savings plan to produce their rankings.

Portfolios from direct-sold 529 plans are assigned to a specific asset-allocation category. Within each category, portfolios are compared and ranked based on published investment returns. Separate rankings are produced for different performance periods (one-year, three-year, five-year, and 10-year investment periods). An overall (or "composite") performance score is calculated for each 529 plan for a given performance period based on the plan's performance rankings for each asset-allocation category, taking into account the varying returns among the different asset-allocation categories. To produce the composite ranking for a plan, the plan’s composite performance score is compared to the composite performance scores of all other 529 plans.

Past performance cannot guarantee future results. Current performance may be lower or higher than performance results used for these rankings, resulting in different rankings that may be lower than those shown.

The T. Rowe Price College Savings Plan is offered by the Education Trust of Alaska.
You should compare this Plan with any 529 college savings plan offered by your home
state or your beneficiary's home state and consider, before investing, any state tax
or other state benefits, such as financial aid, scholarship funds, and protection from
creditors that are only available for investments in the home state's plan.
Please read the Plan's Disclosure Document
which includes investment objectives, risks, fees,charges and expenses, and other information
that you should consider carefully before investing. For other important legal information, please read the
Plan's Privacy Policy.
T. Rowe Price Investment Services, Inc., Distributor/Underwriter.

*Morningstar analysts reviewed 62 plans for its 2018 ratings (10/30/18), of which 4 plans received
a "Gold" rating and 9 plans received a "Silver" rating.
Morningstar analysts reviewed 62 plans for its 2017 ratings (10/24/17), of which 4 plans received
a "Gold" rating and 10 plans received a "Silver" rating. Morningstar analysts reviewed 63 plans for
its 2016 ratings (10/25/16) of which 3 plans received a "Gold" rating and 10 plans received a
"Silver" rating; and 63 plans for its 2015 ratings (10/2015) and 64 plans for its 2014 ratings
(10/21/14), 2013 ratings (10/22/13) and 2012 ratings (10/15/12), of which 4 plans received a "Gold"
rating. To determine a plan's rating, Morningstar's analysts considered 5 factors: the plan's
strategy and investment process; the plan's risk-adjusted performance; an assessment of the individuals
managing the plan's investment options; the stewardship practices of the plan's administration and
parent firm; and whether the plan's investment options are a good value proposition compared with
its peers. Plans were then assigned forward-looking ratings of "Gold," "Silver," "Bronze," "Neutral,"
and "Negative." Each year, certain of the industry's smallest plans are not rated. Morningstar
analysts reviewed 58 plans for its 2011 survey, of which 6 plans received a "Top" rating, and 52 plans
for its 2010 survey, of which 5 plans received a "Top" rating. Ratings for each plan were based on five
factors: the quality of the underlying investment options; performance of those options; the skill of
the managers of those options; the costs associated with each plan; and the stewardship practices of
each plan's program manager. Plans were then assigned ratings of "Top," "Above Average," "Average,"
"Below Average," and "Bottom." To earn a "Top" rating, a plan must be best-in-class across all five areas.

Analyst Ratings are subjective in nature and should not be used as the sole basis for investment
decisions. Analyst Ratings are based on Morningstar analysts' current expectations about future
events and, therefore, involve unknown risks and uncertainties that may cause Morningstar's
expectations not to occur or to differ significantly from what was expected. Morningstar does not
represent its Analyst Ratings to be guarantees.

The mutual funds referred to in this website are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing.Download a prospectus.